The Turkish lira is tumbling

The Turkish lira is tumbling again on Tuesday amid the
fallout from the coup attempt late last week.

At 11:12 a.m. ET, the lira is down by 2.34% to 3.0499 per
dollar. It is the worst-performing currency in emerging markets
worldwide, according to Bloomberg, and has fallen below the level
it dropped to as the coup attempt unraveled on
Friday.Investing.com

There were reports of an explosion
in the Turkish capital Ankara, although others suggested
it was just a house fire.

A faction within the Turkish armed forces
calling itself the"Peace at Home Council" tried to
overthrow the government, but was stopped in
less than 24 hours, after Turkish president Recep Tayyip Erdogan
called on his supporters to take to the streets and repel the
uprising.